Topic: Can Bitcoin make Banks disappear? - page 223. (Read 427614 times)
I can't imagine that banks can be disappear because of bitcoin. it is impossible to happen because its more safe to use those banks than bitcoin. bitcoins still shady and anonymous so if i have a chance to choose i will stay in bitcoin.
Banks are the strongest financial institutions we have at a moment and comparatively the size of bitcoin is too small and the fact is people have more faith in banks and its difficult to change their mentality.
banks will stay.. but banksters should be eliminated. Banks control most of things happening in the world and sure they will not easily give away their power
Well I do believe that we need banks even the bitcoin is going to have a very high price and going to be a popular crypto currency. The banks are really important in a government. And it is utilizing the financial services in a country, so it is not going to happen that bitcoin is going to make banks disappear, it has an important role to play.
Once bitcoin get boomed, it will get chances to enter into mainstream of payments system. That might enforce banks to adopt bitcoin or banks will change their some of existing system based on bitcoin users. Bitcoin will be the future banking system, but my little knowledge is not smart enough to predict how it would be.
banks will stay.. but banksters should be eliminated. Banks control most of things happening in the world and sure they will not easily give away their power
Well I do believe that we need banks even the bitcoin is going to have a very high price and going to be a popular crypto currency. The banks are really important in a government. And it is utilizing the financial services in a country, so it is not going to happen that bitcoin is going to make banks disappear, it has an important role to play.
Yeah maybe you're right once that bitcoin will not be able to make the banks disappear. Bitcoin is a digital currency while the bank is used in real life. If bitcoin progress it will not affect the bank and the bank will not make disappear.
If to say about banks in real life, the material part of them(building,workplaces and
other material assets) is just infrastructure. You can run different business logic on the same infrastructure. Now this infrastructure is being used to run traditional bank logic but it could be "reprogrammed" to crypto era reality
banks will stay.. but banksters should be eliminated. Banks control most of things happening in the world and sure they will not easily give away their power
Well I do believe that we need banks even the bitcoin is going to have a very high price and going to be a popular crypto currency. The banks are really important in a government. And it is utilizing the financial services in a country, so it is not going to happen that bitcoin is going to make banks disappear, it has an important role to play.
Yeah maybe you're right once that bitcoin will not be able to make the banks disappear. Bitcoin is a digital currency while the bank is used in real life. If bitcoin progress it will not affect the bank and the bank will not make disappear.
If more people will start using bitcoins then it can affect the number of customers of the banks as they will start using bitcoin for transactions but that won't make banks disappear.
That is right. I think if the bitcoin becomes very popular, the banks will also provide support for the bitcoin.
nope i dont think so.. 
banks will stay.. but banksters should be eliminated. Banks control most of things happening in the world and sure they will not easily give away their power
Well I do believe that we need banks even the bitcoin is going to have a very high price and going to be a popular crypto currency. The banks are really important in a government. And it is utilizing the financial services in a country, so it is not going to happen that bitcoin is going to make banks disappear, it has an important role to play.
Yeah maybe you're right once that bitcoin will not be able to make the banks disappear. Bitcoin is a digital currency while the bank is used in real life. If bitcoin progress it will not affect the bank and the bank will not make disappear.
If more people will start using bitcoins then it can affect the number of customers of the banks as they will start using bitcoin for transactions but that won't make banks disappear.
banks will stay.. but banksters should be eliminated. Banks control most of things happening in the world and sure they will not easily give away their power
Well I do believe that we need banks even the bitcoin is going to have a very high price and going to be a popular crypto currency. The banks are really important in a government. And it is utilizing the financial services in a country, so it is not going to happen that bitcoin is going to make banks disappear, it has an important role to play.
Yeah maybe you're right once that bitcoin will not be able to make the banks disappear. Bitcoin is a digital currency while the bank is used in real life. If bitcoin progress it will not affect the bank and the bank will not make disappear.
banks will stay.. but banksters should be eliminated. Banks control most of things happening in the world and sure they will not easily give away their power
Well I do believe that we need banks even the bitcoin is going to have a very high price and going to be a popular crypto currency. The banks are really important in a government. And it is utilizing the financial services in a country, so it is not going to happen that bitcoin is going to make banks disappear, it has an important role to play.
Yeah maybe you're right once that bitcoin will not be able to make the banks disappear. Bitcoin is a digital currency while the bank is used in real life. If bitcoin progress it will not affect the bank and the bank will not make disappear.
banks will stay.. but banksters should be eliminated. Banks control most of things happening in the world and sure they will not easily give away their power
Well I do believe that we need banks even the bitcoin is going to have a very high price and going to be a popular crypto currency. The banks are really important in a government. And it is utilizing the financial services in a country, so it is not going to happen that bitcoin is going to make banks disappear, it has an important role to play.
banks will stay.. but banksters should be eliminated. Banks control most of things happening in the world and sure they will not easily give away their power
Ofcourse it may happen because bank is target in virtual transaction. Most of people interested in mobile transaction. Bitcoin was make bank interested to adopt blockchain. Bank wanna use technology like bitcoin. And i think if banks do that,it gonna be another altcoin.
you are right i think that bitcoins definitely can make banks disappear and in this way it would be growing a lot easilyIts hard to believe that bitcoin can make banks disappear in future as banks have support from the Government and the people, and I don't think that everyone will use bitcoin in future.
Impossible, bitcoin can help bank, but can't destroy bank, because there are 2 billions poor people can't use pc, mobile phone to use bitcoin...They only can use fiat money
According to a report published by MIT, there is a chance that technological advancement (bitcoin/blockchain included) could result in banks (as we know them) disappearing.
https://cointelegraph.com/news/mit-report-blockchain-for-banks-new-era-or-lipstick-on-pig
https://cointelegraph.com/news/mit-report-blockchain-for-banks-new-era-or-lipstick-on-pig
It will depend on the people. If the people keep supporting the banks and the upcoming bankcoin/government coin or whatever you want to call it, then no, banks will forever exist.
If people get tired of the bullshit and go 100% bitcoin, then yes, we could see a way to get rid of banks.
If people get tired of the bullshit and go 100% bitcoin, then yes, we could see a way to get rid of banks.
Ofcourse it may happen because bank is target in virtual transaction. Most of people interested in mobile transaction. Bitcoin was make bank interested to adopt blockchain. Bank wanna use technology like bitcoin. And i think if banks do that,it gonna be another altcoin.
you are right i think that bitcoins definitely can make banks disappear and in this way it would be growing a lot easily 
Absolutely banks have a duty not only individuals but can save money to save money on a state or a country's financial monitoring. So therefore the banks will not disappear because bitcoin and that I think is not going to happen.
Ofcourse it may happen because bank is target in virtual transaction. Most of people interested in mobile transaction. Bitcoin was make bank interested to adopt blockchain. Bank wanna use technology like bitcoin. And i think if banks do that,it gonna be another altcoin.
yes, everything might happen with the bitcoins to be honest, its price can be going up really fast in the future i think 
Ofcourse it may happen because bank is target in virtual transaction. Most of people interested in mobile transaction. Bitcoin was make bank interested to adopt blockchain. Bank wanna use technology like bitcoin. And i think if banks do that,it gonna be another altcoin.
Banks have made life easier of customers by introducing online banking system and people have become used to it so even if bitcoin gains more popularity in future, people will prefer to use both of them.
And it is not just a low kind of fluctuation, it is a big wave so it will really be a problem for the economy. What if the same thing like the past happen again and it goes back to a very low price. Then it will be the fall of the economy of the said country.
Well that is also possible to happen that the price of bitcoin is going to fall again. But about the fluctuation we can't really predict what is going to happen. That is why it is really not possible that bitcoin is going to make banks disappear and it is going to be trusted more by the people if the case with bitcoin is going to happen again.
Ofcourse it may happen because bank is target in virtual transaction. Most of people interested in mobile transaction. Bitcoin was make bank interested to adopt blockchain. Bank wanna use technology like bitcoin. And i think if banks do that,it gonna be another altcoin.
Banks have made life easier of customers by introducing online banking system and people have become used to it so even if bitcoin gains more popularity in future, people will prefer to use both of them.
And it is not just a low kind of fluctuation, it is a big wave so it will really be a problem for the economy. What if the same thing like the past happen again and it goes back to a very low price. Then it will be the fall of the economy of the said country.
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